SHW AG (HAM:SW10) Return-on-Tangible-Asset: 0.23% (As of Dec. 2025) — 2200% Above Median

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Director of Data and Quant Analytics at GuruFocus
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HAM:SW10 SHW AG HAM:SW10
60 GF Score
Price €6.50
GF Value €12.02
Valuation Significantly Undervalued
! 4 Warning Signs
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What is SHW AG Return-on-Tangible-Asset?

SHW AG HAM:SW10 -4.41% 60 Return-on-Tangible-Asset is 0.23% as of Dec. 2025, which is 2200% above its 10-year median of 0.01. GuruFocus rates HAM:SW10 with a GF Score™ of 60/100 and a GF Value™ of €12.02 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,333 Vehicles & Parts companies, SHW AG ranks worse than 74.27% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. SHW AG's annualized Net Income for the quarter that ended in Dec. 2025 was €0.8 Mil. SHW AG's average total tangible assets for the quarter that ended in Dec. 2025 was €343.5 Mil. Therefore, SHW AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.23%.

The historical rank and industry rank for SHW AG's Return-on-Tangible-Asset or its related term are showing as below:

HAM:SW10' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.08   Med: 0.01   Max: 6.04
Current: 0.23

During the past 13 years, SHW AG's highest Return-on-Tangible-Asset was 6.04%. The lowest was -2.08%. And the median was 0.01%.

HAM:SW10's Return-on-Tangible-Asset is ranked worse than
74.27% of 1333 companies
in the Vehicles & Parts industry
Industry Median: 3.13 vs HAM:SW10: 0.23

SHW AG  (HAM:SW10) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


SHW AG Return-on-Tangible-Asset Related Terms


SHW AG Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for SHW AG's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SHW AG Return-on-Tangible-Asset Chart

SHW AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -2.08 -0.26 -1.28 0.23

SHW AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.21 -2.08 -0.26 -1.28 0.23

HAM:SW10 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison

For the Auto Parts subindustry, SHW AG's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SHW AG Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SHW AG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where SHW AG's Return-on-Tangible-Asset falls into.


HAM:SW10
60GF Score
SHW AG HAM:SW10
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SHW AG Return-on-Tangible-Asset Calculation

SHW AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=0.802/( (342.84+344.13)/ 2 )
=0.802/343.485
=0.23 %

SHW AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=0.802/( (342.84+344.13)/ 2 )
=0.802/343.485
=0.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 0.23% mean?
SHW AG (HAM:SW10) has a Return-on-Tangible-Asset of 0.23% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SHW AG and its competitors. This is 2200% above median its historical median of 0.01. According to the industry distribution chart, SHW AG ranks #990 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 74.3%.
Is SHW AG's Return-on-Tangible-Asset too high?
SHW AG's current Return-on-Tangible-Asset of 0.23% is 2200% above median its 10-year median of 0.01. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. SHW AG's value of 0.23% is 92.7% below this industry median. Based on the distribution chart, SHW AG ranks #990 out of 1333 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, SHW AG has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SHW AG's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SHW AG ranks #990 out of 1333 companies for Return-on-Tangible-Asset. This places SHW AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.13. SHW AG's value of 0.23% is 92.7% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 3.13, SHW AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,333 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SHW AG's current Return-on-Tangible-Asset of 0.23% is 92.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SHW AG and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHW AG's current Return-on-Tangible-Asset is 0.23%, which is 2200% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHW AG stock overvalued right now?
Based on GuruFocus' analysis, SHW AG (HAM:SW10) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.02, compared to a current price of €6.50 — trading 45.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.23%, which is 2200% above median its 10-year median of 0.01 and 92.7% below the Vehicles & Parts industry median of 3.13. SHW AG's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For SHW AG (HAM:SW10), the current Return-on-Tangible-Asset is 0.23% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SHW AG (HAM:SW10) Overvalued in 2026?

Based on GuruFocus' analysis, SHW AG stock appears to be undervalued. The current stock price of €6.50 is trading 45.9% below its estimated GF Value™ of €12.02. GuruFocus considers SHW AG to be Significantly Undervalued.

Key valuation signals for HAM:SW10:

  • Return-on-Tangible-Asset: 0.23% (2200% above median its 10-year median of 0.01)
  • GF Value™: €12.02 vs. price of €6.50 (45.9% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 92.7% below the Vehicles & Parts median (#990 of 1333)

No single metric tells the full story. See the HAM:SW10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHW AG Business Description

Address Wilhelmstrasse 111, Aalen, BW, DEU, 73433
SHW AG is a Germany-based developer and manufacturer of a product that contributes to a reduction of fuel consumption and consequently CO2 emissions in the vehicle industry. The company has two operating segments, Pumps, and Engine Components and Brake Disc segment. In its Pumps and engine components business segment SHW develops and produces engine and transmission components for the various area of application. In the Brake Discs business segment, it develops and produces Monobloc, ventilated, cast iron brake discs as well as lightweight brake discs. The company generates the majority of its revenue from the Pumps and engine components business segment.
60GF Score

Get the complete analysis for HAM:SW10

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.50
Price
€12.02
GF Value